Mortgage rates take a dip ahead of Labor Day weekend: Freddie Mac

Mortgage rates declined this week, but remain elevated, Freddie Mac reported. But the direction of mortgage rates remains uncertain ahead of the Fed’s next meeting, where the central bank could raise interest rates again.

GDP growth for Q2 dips on second estimate

Gross domestic product (GDP) increased in Q2 2023 and signs of a strong economy could push the Fed to raise interest rates again. This could have a major impact on consumer debt.

Americans consider using credit cards to afford student loan payments: survey

Many Americans who used the pause on student loan payments to reduce debt may now have to reverse course, according to a recent Empower survey.

IRS announces changes impacting catch-up contributions

Eligible Americans saving for retirement can continue catch-up contributions on a pretax basis through 2025.

American Airlines slapped with record-breaking $4.1M penalty for stranding passengers on delayed flights

The federal government is fining American Airlines $4.1 million for dozens of instances in which passengers were kept on board planes without a chance to exit during long ground delays.

Can the Federal Reserve keep raising interest rates?

After a year of rising interest rates, the Federal Reserve is expected to change course at its next meeting.

Here's how much workers are demanding to start a new job

The lowest wage that American workers are willing to take in order to accept a new job has hit a record high this year, survey results show.

Mortgage rates continue to rise, expert says
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LiveNOW's Mike Pache spoke with Will Ruger, President of American Institute for Economic Research on rising mortgage rates. Experts say rates could increase.

Gen Xers face alarming retirement shortfall, study says

The typical Gen X household has saved less than what is needed to finance a secure retirement, according to a study from the National Institute on Retirement Savings.